One of the region’s largest employers has unveiled a new name that it hopes will keep it at the forefront of its global industry.
Tyne-based subsea manufacturer Duco yesterday changed its name to Technip Umbilicals, taking the brand of the parent company that has owned it since 2003.
The company now employs 600 people at its sites at Walker, Newcastle, and the Cobalt Business Park in North Tyneside, and recently opened the world’s largest steel tube umbilical assembly plant plus a separate research and development facility at its riverside site.
As well as its North East base, the firm has manufacturing facilities in the USA, Malaysia and Angola, and says its re-branding will both strengthen the company’s global market position and highlight Tyneside as a hub for subsea capabilities.
Managing director Jean-Louis Rostaing said: “The Technip Umbilicals name change is an exciting time for our business, clients and region. We will continue to further our industry leading technologies, whilst constantly ensuring the highest levels of safety, quality and delivery are met.
“Under our new brand, we will continue to take the energy industry further while ensuring best practice, global leadership and overall capabilities. Rebranding is also another opportunity to continue consolidating and developing best practices across our four umbilical units.
“Our growth wouldn’t be possible without the dedication of our employees. Our Tyneside roots have meant the North East has been the ideal place to invest in new facilities and further staff training. With easy access to the deep-water global market, Newcastle has been the perfect location for our investment plan.
“The Duco brand will remain a strong part of our heritage. However, as the business focus has developed, this is the perfect time to evolve and keep the North East at the forefront of the subsea industry.”